Almat Daumov is a Partner of GRATA International. For more than 18 years, Almat has advised domestic and multinational corporations, including Rio Tinto, Nordgold, Severstal, EuroChem, Polymetal, Polyus.
Representative Experience: • Advising the world's second-largest metals and mining corporation on structuring joint ventures with KazGeology, obtaining exploration licenses etc.;
• Advising the large Russian producer of silver, gold, and copper on an acquisition of one of the largest gold deposits in Kazakhstan for USD 618,5 million;
• Advising Kazakh large gold producer on sale of two gold deposits in Kostanay and Akmola regions for USD 200 million;
• Advising Russian gold mining company in its $9 billion transactions on a reverse takeover (premium listing/Reverse IPO on the London Stock Exchange); • Advising an international gold producer on the $1 billion IPO on the London Stock Exchange and in respect of the US Notes Offering for $500 million at the Irish Stock Exchange.
Legal issues of doing mining business in Kazakhstan and solutions
Presentation shall provide an overview of issues related to obtaining of land plots at the transition to production stage (disputes with land owners and inaction of loval executive bodies), exesive costs for insurance of exploration consequences, issues related to separate tax accounting (principle of "one mining allotment - one mining license), and also issues on increasing the rates of minerals extraction tax. Presentation will also suggest possible solutions on the above stated problems.